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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (27914)	2/9/1999 6:49:00 AM
From: lorne	Respond to of 116753

New York--Feb 8--A German investor known as Mr. Von Fink is interested in purchasing a bigger stake in US gold mining giant Homestake Mining Co. and is in negotiations with the company about a possible waiver of the firm's poison pill, Homestake chairman, president and CEO Jack Thompson said today. Von Fink bought 30 million shares in the company between January and August of last year, according to a company spokesman. His purchases were believed to help the company's share price. By Darcy Keith, Bridge News, Story .23583 New York--Feb 8--US-based Homestake Mining Co has about 18% of its 1999 gold production hedged, chairman, president and CEO Jack Thompson said today. The company is hedged primarily through puts and forward sales, at average prices of about $375-380 per ounce, he said. By Darcy Keith, Bridge News, Story .23054 crbindex.com